SEC about to change the rules for spacs - DWAC attack. - The Great Awakening

SEC about to change the rules for spacs - DWAC attack. (www.cnbc.com)

posted 328 days ago by QDay 328 days ago by QDay +36 / -0

SEC to vote today on tough new rules for blank-check 'SPAC' companies

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– Oblakhan 7 points 328 days ago +7 / -0

They had to do something to try to drive DWAC back in the ground.

That is the face of the cabal.

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– EveryKneeWillBow 3 points 328 days ago +3 / -0

Spot on Fren, I was watching closely today...It looked like it was going to stabilize then the wheels fell off. I figured there would be some healthy profit taking but clearly they are doing their best to drive it down. SEC ruling, no publicity by brokers, coming at us from all angles. We must hold the line

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– Oblakhan 5 points 328 days ago +5 / -0

I think most of the folks on the DWAC train knew going in this is a long play. I know I sunk my money with that fact in mind, and if they can push it back hard enough I will add to my holding.

I think most of the patriots that are in have the same mindset. We are not looking at short term gains.

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– EveryKneeWillBow 3 points 328 days ago +3 / -0

I'm with you on that...definitely going to be a long drawn out fight and we can't give them an inch. 100% in it for the long haul despite the short term pain.

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